Market digest

Mahbubur Rahman elected chairman of Nat’l Housing Finance

Staff Correspondent

23 September, 2020 12:00 AM printer

Mahbubur Rahman elected chairman of Nat’l Housing Finance

The Board of Directors of National Housing Finance and Investments Limited in its 219th meeting elected Mahbubur Rahman as Chairman and Syed M Altaf Hussain as vice-chairman of the company for next 2 years.

Mahbubur Rahman is the President of International Chamber of Commerce (ICC) – Bangladesh, The world business organization is also the Chairman and CEO of ETBL Holdings Limited and Founder Chairman, Eastland Insurance Co. Ltd.; Bangladesh International Arbitration Centre; International Publications Limited, said a press release.

Rahman is the Founding Member and Former Chairman of Business Advisory Council (EBAC) of UN-ESCAP.

He is the Sole Arbitrator in Bangladesh for The China International Economic and Trade Arbitration Commission; Co-Chair of the Steering Board of 2030 Water Resource Group of World Bank; Vice Chairman of Bangladesh Foreign Trade Institute, Member of the Board of Governors of Institute of Business Administration (IBA) of the University of Dhaka, Founder Member of the Independent University Bangladesh (IUB) and a Director in the Board of Karnaphuli Fertilizer Co. Ltd. (KAFCO).

Rahman was the President of the Federation of Bangladesh Chambers of Commerce & Industry (FBCCI), The Dhaka Chamber of Commerce & Industry (DCCI), Founder Vice President of 8-Nation SAARC Chamber of Commerce and Vice President (West Asia) of 57-nation Islamic Chamber of Commerce.

Menwhile Syed M. Altaf Hussain has been elected as Vice-Chairman of National Housing Finance and Investments Limited at its 219th meeting of the board recently for 2 years.

Syed M. Altaf Hussain is the Chairman of Pragati Insurance Ltd., has had a long and distinguished career in the fields of food grains, crop nutrition, business development, high-rise building development, technology, business operations and financial institutions with over 36 years of experience. He is a sponsor director and notably the founding chairman of Pragati Life Insurance Ltd.